Strassman Hunter 4
Research Summary
AI-generated summary
StartEngine CFO Strassman Hunter Receives 750,000-Share Award
What Happened
- Strassman Hunter, Chief Financial Officer of StartEngine Crowdfunding, Inc. (STGC), received a grant of 750,000 derivative shares (stock options) reported on Form 4 dated Feb 27, 2026.
- The Form 4 shows an acquisition price of $0.00 and a reported acquisition value of $0.00 (this reflects reporting of the grant; it does not by itself indicate market value or future exercise cost).
- This was an award/grant (not an open-market purchase or sale) and therefore reflects compensation, not an immediate buy/sell signal.
Key Details
- Transaction date: 2026-02-27; Form filed: 2026-03-03.
- Transaction type/code: Award/Grant (A); classified on the Form 4 as a derivative grant of 750,000 shares at $0.00.
- Shares/options owned after transaction: not specified in the provided filing excerpt.
- Vesting (per footnote F1): 25% vests on Jan 1, 2027 (Vesting Start Date), then 1/36th of the remaining options vest monthly until fully vested three years after the Vesting Start Date.
- Filing timing: filed six days after the transaction date and appears later than the typical two-business-day Form 4 deadline (filed 2026-03-03 for a 2026-02-27 transaction).
Context
- This was a time‑based option award that vests over multiple years; the grant does not represent immediately tradable shares and is common executive compensation.
- Awards like this are routine for executives and should be interpreted differently than open-market purchases (which may signal personal conviction) or immediate sales.